<p><em>By Alex Perry for Bloomberg</em></p> <p>Abundant wealth is nothing new for the Walton family, whose fortune is tied to the world’s largest retailer. </p><p>But for the first time ever, two Walton heirs have topped $100 billion each in net worth and a third sibling hovers just below that amount, according to the Bloomberg Billionaires Index, as shares of Walmart Inc. trade at an all-time high after climbing steadily over the past month.</p><p>Jim Walton, 76, the youngest son of founder Sam Walton, leads the way with $102.6 billion, while Rob Walton, 79, is at $100.4 billion, according to Bloomberg’s index. Sister Alice Walton, 74, just missed eclipsing the 12-figure mark in wealth at $99.7 billion.</p>.Mukesh Ambani looks to Walton family playbook on succession.<p>The Waltons have longed ranked at or near the top of the world’s richest families, and currently have a total net worth of more than $350 billion. The three siblings have each added almost $30 billion this year to their net worths.</p><p>Once reserved and discreet about their vast fortune, the family has recently started pouring money into a range of new pursuits. Rob Walton outbid other billionaires to buy the National Football League’s Denver Broncos in 2022, paying a then-record $4.65 billion for the team. Family members have also spent big remaking their once-sleepy hometown of Bentonville, Arkansas, into an arts and outdoor sports center.</p> <p>Walmart shares have climbed 53% this year as its e-commerce business has drawn in more middle-class customers looking to tighten their budgets. The company last month raised its sales guidance for the full year, and is beefing up its online marketplace with offerings from third-party sellers as it looks to grab more spending from rivals such as eBay Inc. and Amazon.com Inc.</p><p>The stock was little changed Monday in New York trading after hitting an all-time high Friday of $80.60 a share.</p>.India probe finds Amazon, Walmart's Flipkart breached antitrust laws.<p>None of the three heirs are involved in the company’s day-to-day operations or currently sit on Walmart’s board. Rob Walton, who was the longest-serving Walmart board member, retired earlier this year, while Jim Walton is chairman of Arvest Bank Group, the family-founded regional lender with more than 260 branches in three states. Alice Walton, an avid art collector, recently passed L’Oreal heiress Francoise Bettencourt Meyers to become the world’s richest woman.</p>
<p><em>By Alex Perry for Bloomberg</em></p> <p>Abundant wealth is nothing new for the Walton family, whose fortune is tied to the world’s largest retailer. </p><p>But for the first time ever, two Walton heirs have topped $100 billion each in net worth and a third sibling hovers just below that amount, according to the Bloomberg Billionaires Index, as shares of Walmart Inc. trade at an all-time high after climbing steadily over the past month.</p><p>Jim Walton, 76, the youngest son of founder Sam Walton, leads the way with $102.6 billion, while Rob Walton, 79, is at $100.4 billion, according to Bloomberg’s index. Sister Alice Walton, 74, just missed eclipsing the 12-figure mark in wealth at $99.7 billion.</p>.Mukesh Ambani looks to Walton family playbook on succession.<p>The Waltons have longed ranked at or near the top of the world’s richest families, and currently have a total net worth of more than $350 billion. The three siblings have each added almost $30 billion this year to their net worths.</p><p>Once reserved and discreet about their vast fortune, the family has recently started pouring money into a range of new pursuits. Rob Walton outbid other billionaires to buy the National Football League’s Denver Broncos in 2022, paying a then-record $4.65 billion for the team. Family members have also spent big remaking their once-sleepy hometown of Bentonville, Arkansas, into an arts and outdoor sports center.</p> <p>Walmart shares have climbed 53% this year as its e-commerce business has drawn in more middle-class customers looking to tighten their budgets. The company last month raised its sales guidance for the full year, and is beefing up its online marketplace with offerings from third-party sellers as it looks to grab more spending from rivals such as eBay Inc. and Amazon.com Inc.</p><p>The stock was little changed Monday in New York trading after hitting an all-time high Friday of $80.60 a share.</p>.India probe finds Amazon, Walmart's Flipkart breached antitrust laws.<p>None of the three heirs are involved in the company’s day-to-day operations or currently sit on Walmart’s board. Rob Walton, who was the longest-serving Walmart board member, retired earlier this year, while Jim Walton is chairman of Arvest Bank Group, the family-founded regional lender with more than 260 branches in three states. Alice Walton, an avid art collector, recently passed L’Oreal heiress Francoise Bettencourt Meyers to become the world’s richest woman.</p>